Category Forex News

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Tactically fade the USD rally this week, says BofA

Investing.com — Financial institution of America analysts stated they’re snug tactically fading the current rally within the U.S. greenback this week, citing a number of reversal indicators and market dynamics. The financial institution’s FX Quant Perception report highlights elements akin to…

CTAs shift focus to relative worth trades: UBS

Commodity Buying and selling Advisors (CTAs) are sustaining a risk-on positioning whereas utilizing Gold and the US Greenback as risk-off hedges, in accordance with UBS. Regardless of equities transferring sideways in November, except for US and Canadian indices, CTAs haven’t…